[408] How to Comp Properties & Analyze Deals - a podcast by Bill Allen

from 2020-12-08T19:13:16

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Hey! I streamed this live back in September when we were prepping for Flip Hacking LIVE… but I know not everyone got to see it.


So I’m sharing it again here for anyone who missed it.


This was recorded as a screen-share video where Arthur and I walk through some stuff on our screens… so to get the most out of it, watch it on the 7FF website here: https://7figureflipping.com/comping.


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Before you flip or wholesale a house…


…you need to know the NUMBERS.


What’s the ARV (after repair value)?


What’s your MAO (max allowable offer)?


How do you ACCURATELY comp the property?


If you get these details wrong, you could find yourself losing money on a deal you thought was a home run… or stuck with a house that “just won’t sell.”


I don’t want that to happen to you.


So here’s what you need to know...


Back before Flip Hacking LIVE, my friend Arthur Botting and I held a live training where we walked through the “numbers” on a couple REAL houses (not hypothetical examples).


If you missed that training, here's your chance to dive in!


For the full experience, make sure to watch the video on the 7FF website. Here’s the link: https://7figureflipping.com/comping.


Catch you on the flip side!


Links and Resources


Want to learn how to find private money to fund your real estate investing deals? Check out the 30 Days to $500k Challenge. It’s a 30-day “course” where I break down the step-by-step process I’ve used to raise $10,000,000+ over the past few years. But it’s not just information... I’ve laid out specific action steps you’ll take EACH DAY to start raising all the private money you need to grow your real estate investing business. Hit the link below to jump in now…


- CLICK HERE: 500kChallenge.com


Follow the 7-Day Flip series on YouTube! Can Tyler Jensen and his team flip 4 houses in 7 days? (Start to finish, full renovations?) Subscribe to the 7 Figure Flipping YouTube channel and watch the whole series!


- CLICK HERE: Subscribe on YouTube!


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Want to continue your house flipping / wholesaling journey? Here are a few more resources to check out...


Subscribe: Join the 7 Figure Flipping email list to get the latest house flipping and wholesaling secrets, plus insider access to real estate investing tips, training, and more! Click Here: https://7figureflipping.com/subscribe


7 Figure Flipping Podcast: Subscribe and get more episodes like this one delivered to you every week! Click Here: https://7figureflipping.com/listen


Facebook Group: We've built a community of serious investors who are learning and growing their businesses together. Join the Group on Facebook: https://www.facebook.com/groups/fliphacking/


7FigureFlipping.com: Learn more about who we are, our mentoring groups, upcoming events, and the causes we support at our website. Plus, grab some free downloads and other materials to help you on your real estate investing journey! Click Here: https://7figureflipping.com/



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